I posted this under the Deposit & Payments forum, but it seems to also fit under Technology.
So, I'm assuming everyone has now heard Apple's announcement yesterday that the iPhone 6 will have Apple Pay. If not, go here to read about it:
http://www.apple.com/apple-pay/Using smart phones that had near-field communication (NFC) enabled technology that allowed you to do POS purchases with your phone was still small in the market. Ironically, the August 2014 ABA Banking Journal had an article about this (starting on p.20). Now that Apple is getting in the game, I expect this to really take off in the market.
Now the question probably on everyone's mind: how is this going to affect us at the bank? What benefits do you see? What problems will this bring up?